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Business News

Microsoft is laying off 4,800 workers: 'AI is changing how work gets done'

Microsoft is laying off 4,800 workers: 'AI is changing how work gets done'

By Max Zahn, ABC NewsJuly 06, 2026 at 11:24 am CDT

Mortgage rates fall to lowest level since May

Mortgage rates fall to lowest level since May

Hiring worse than expected in June amid elevated inflation

Hiring worse than expected in June amid elevated inflation

What to know about the Social Security fix proposed by Sens. Elizabeth Warren and Bernie Moreno

What to know about the Social Security fix proposed by Sens. Elizabeth Warren and Bernie Moreno

'Revolution': Fed Chair Kevin Warsh says US likely 'big winner' in AI race

'Revolution': Fed Chair Kevin Warsh says US likely 'big winner' in AI race

How Mamdani-aligned House candidates say they plan to fight wealth inequality

How Mamdani-aligned House candidates say they plan to fight wealth inequality

Global oil prices fall to lowest level since before the Iran War

Global oil prices fall to lowest level since before the Iran War

Alan Greenspan, longtime chairman of the Federal Reserve, dies at 100

Alan Greenspan, longtime chairman of the Federal Reserve, dies at 100

Fed set to make interest rate decision as inflation hits 3-year hig

Fed set to make interest rate decision as inflation hits 3-year hig

Oil prices fall to lowest level since March after US announces Iran deal

Oil prices fall to lowest level since March after US announces Iran deal

Consumer sentiment improves but stays near all-time low, survey shows

Consumer sentiment improves but stays near all-time low, survey shows

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